Banking giant Goldman Sachs was fined £17.5m by the UK's Financial Services Authority yesterday – the second-biggest penalty ever issued by the City watchdog.
By The Newsroom
Published 9th Sep 2010, 18:34 BST
Updated 10th Sep 2010, 00:00 BST
The American investment group was punished for failing to tell the FSA that one of its traders was being investigated amid claims of investment buyers being misled when he started at the London office.